Physical Capital consist of things like machinery equipment, factory, bulding, computers & even hand tools
enumirate the different factor of production?
why the labour as a mobile factor of production may be unwilling to move
the cost of factor of production
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Physical Capital consist of things like machinery equipment, factory, bulding, computers & even hand tools
A tow truck is an example of capital.
If the semi truck knocked on the garbage truck, yes.
industrial/ first response
The answer is: a garbage truck!The joke is 'What has wheels and flies'.
A garbage truck. (Get it? Because flies love the garbage.)
what is the overall dimensions of garbage truck
A single example of a capital factor of production is a tow truck. The technology, machinery, equipment, and tools utilized in the production of products and services are referred to as capital. A tow truck falls under the capital category as it is a piece of equipment utilized in the towing and recovery sector.
The amount of material a garbage truck holds, depends on the size of the truck. A typical garbage truck, however, holds about nine tons of garbage.Ê
CEEC TRUCKS is a top garbage compactor truck manufacturer, it is also an experienced garbage compactor truck supplier.
A garbage truck would be about 10 ft 6 inches tall.
An after market addition to a new cab and chassis assembly.